Rising Tide: Crypto Investment Products See $185M Inflows, May Sets New Record At $2 Billion

The crypto market is showing signs of a bullish resurgence, with reports of an impressive $2 billion in inflows for May alone.   Alongside this positive trend, Ethereum (ETH) has seen a notable turnaround in investor sentiment as the long-awaited spot exchange-traded funds (ETFs) for the market’s second-largest cryptocurrency received approval from the US regulators last week. дальше »

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US leads $2 billion May crypto inflow while Ethereum ETF sparks investor interest

Global digital asset investment products recorded their fourth consecutive week of inflows, totaling $185 million, according to CoinShares’ weekly report. The report stated that these inflows pushed May’s total to $2 billion, bringing the year-to-date inflows to over $15 billion for the first time. дальше »

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CoinShares: digital asset inflows reach $185m last week, $2b in May

Digital asset investment products experienced their fourth consecutive week of inflows, totaling $185 million and pushing May’s inflows to $2 billion. According to CoinShares, the surge has driven year-to-date inflows past the $15 billion mark, a record achievement. Despite this… дальше »

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Crypto funds inflows surpass $15 billion and set new record

May's crypto fund inflows hit $2bn, with the US leading at $130m and Ethereum seeing renewed interest after SEC ETF approval. The post Crypto funds inflows surpass $15 billion and set new record appeared first on Crypto Briefing. дальше »

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Over $3 Billion In Ether Leaves Exchanges as Whale Accumulation Soars

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Bitcoin transaction value hits yearly high with $25B moved

Bitcoin holders moved over 367,000 BTC on May 18, worth over $25 billion, recording a yearly high in the value of Bitcoin transactions. дальше »

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Is This The Ethereum Endgame? Investors Pull $3 Billion From Exchanges

The winds of change are blowing through the Ethereum ecosystem. Since the long-awaited approval of spot Ether ETFs in the US on May 23rd, a quiet exodus of Ether has been underway. A massive amount of the world’s second-largest cryptocurrency, or around $3 billion, has vanished from centralized exchanges, marking the lowest level of Ether reserves in years. дальше »

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Stablecoins see $846 billion in on-chain trades in May

PyUSD is now the tenth-largest stablecoin by market cap and registered a 21% growth in April. The post Stablecoins see $846 billion in on-chain trades in May appeared first on Crypto Briefing. дальше »

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Japanese DMM exchange suspends withdrawals after $305 million Bitcoin theft

Japan-based crypto exchange DMM confirmed a hack resulting in the theft of 4,502. 9 BTC, valued at approximately 48 billion yen ($305 million). In a May 31 statement, the exchange reported detecting an “unauthorized leak of Bitcoin” from its wallet around 1:26 pm Tokyo time on Friday, May 31, 2024. дальше »

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NFT sales volume tumbles 54% in May: CryptoSlam

NFT sales dropped from $1 billion in April to $624 million in May, with Bitcoin, Ethereum, and Solana-based digital collectibles significantly declining. дальше »

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Kraken experiences largest outflow with $1.6 billion in Bitcoin transactions

Quick Take Kraken, the digital asset exchange, recently experienced its largest outflow in dollar value, with approximately $1. 6 billion being transferred out of the platform on May 30, according to Glassnode data. дальше »

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Gemini Earn returns over $2 billion in crypto, triggering concerns of sell pressure

Crypto exchange Gemini said users of its now-defunct Earn product received $2. 18 billion of their digital assets, according to a May 29 statement. These distributions amount to 97% of the total digital assets owed to Earn users, marking a significant recovery since the collapse of crypto lender Genesis, which halted withdrawals in November 2022. дальше »

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BlackRock’s IBIT overtakes GBTC as the world’s largest Bitcoin ETF

BlackRock’s $20 billion spot Bitcoin ETF recorded inflows of over $102 million on May 28, while Grayscale’s ETF bled again.

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Elon Musk’s xAI leaps to $24 billion valuation with $6 billion funding round

Artificial intelligence firm xAI has secured $6 billion in a Series B funding round, according to a May 27 statement. Elon Musk, the company’s founder, revealed that its pre-money valuation was $18 billion, meaning this latest funding round boosted its valuation to $24 billion—a significant milestone considering the firm launched just 11 months ago, in […] The post Elon Musk’s xAI leaps to $24 billion valuation with $6 billion funding round appeared first on CryptoSlate. дальше »

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Market volatility triggers $1 billion worth of Bitcoin sent to exchanges at a loss by short-term holders

Quick Take On May 23, Bitcoin experienced a slight decline, dropping to a low of approximately $66,300. This dip was triggered by the S&P US Composite PMI Flash exceeding consensus expectations, pushing anticipated rate cuts further away. дальше »

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PEPE could extend gains by another 20% as whales accumulate the meme coin

PEPE, a frog-themed meme coin, hit its new all-time high on May 23, Thursday. The market capitalization of PEPE crossed $5. 86 billion. PEPE is likely to extend its gains and rally nearly 20%, if the meme coin sustains its recent gains. дальше »

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BlackRock’s IBIT ETF rakes in $290 million in one day, lifting total net inflows to $16 billion

Quick Take Farside data shows that on May 21, the Bitcoin (BTC) exchange-traded funds (ETFs) collectively accumulated $305. 7 million, marking the largest single-day inflow since May 3. Despite the impressive overall figure, the breadth of inflows from ETF issuers remained relatively narrow, with only two issuers contributing to the surge. дальше »

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Notcoin donates $7 million in tokens to Telegram and its founder Pavel Durov

Notcoin, a play-to-earn game, has donated over 1 billion NOT tokens, worth approximately $7 million, to Telegram and its founder, Pavel Durov. In a May 17 social media post, the Telegram-based project shared a screenshot showing its donation and a message expressing its gratitude to the messaging application and its founder. дальше »

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Vanguard, BlackRock up MSTR holdings, while TradFi firms continue disclosing Bitcoin ETF investments

Vanguard and BlackRock have increased their stakes in MicroStrategy holdings (MSTR) on May 10. Vanguard holds 1. 6 million shares of MSTR worth $2. 6 billion as of the end of the first quarter, up from 1. дальше »

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Chinese authorities arrest six suspects in $300m crypto fraud case

Authorities in China have arrested six individuals suspected of engaging in illicit cryptocurrency transactions amounting to 2.94 billion yuan — worth roughly $300 million. According to a May 10 report by local media outlet Chinanews, the suspects were taken into… дальше »

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Crypto Countdown: $2.4B In Bitcoin and Ethereum Options Set To Expire, Market Volatility Ahead?

As the clock ticks closer to the end of today, May 3, the cryptocurrency market braces itself for potential upheavals, with roughly $2. 4 billion worth of Bitcoin and Ethereum options set to expire. дальше »

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Susquehanna discloses $1.3 billion in spot Bitcoin ETF investments

Susquehanna International Group disclosed $1. 3 billion of investments in spot Bitcoin ETFs in a May 7 13F filing. The company reported holding 17. 3 million shares of Grayscale’s GBTC across three separate investments for a combined investment of $1. дальше »

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SEC vs Ripple: Defense Attorney Exposes Sealed Documents

In the SEC vs Ripple case, sealed documents contain critical arguments. Ripple opposes a $2 billion penalty, suggesting $10 million instead, as the case may influence future crypto regulations. The post SEC vs Ripple: Defense Attorney Exposes Sealed Documents appeared first on BeInCrypto. дальше »

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Visa study shows only 10% of stablecoin transactions are real users

While stablecoin adoption has been on an upward trajectory, a new study by payments giant Visa and blockchain data platform Allium Labs, suggests that only 10% may be from real people. Over 90% of stablecoin transaction volume not by real users Per the details in a new report, only $149 billion of the staggering $2.2 […] дальше »

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BTC-e Co-founder Enters Guilty Plea For $9 Billion Money Laundering Conspiracy

Co-founder of crypto exchange BTC-e, Alexander Vinnik, has pleaded guilty to charges of conspiracy to commit money laundering. In a public release by the US Department of Justice (DOJ) on May 3, the Russian national has admitted to his role as one of the operators of BTC-e, facilitating $9 billion worth of illicit transactions between […] дальше »

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WienerAI Hits a Major Milestone as Holders Rush in to Stake their WAI

WienerAI, a popular new meme coin that combines a dog, a sausage, and AI, recently hit a major milestone with over 1 billion of its native WAI tokens staked. The project hit this milestone today, May 3, as users who chose to stake their tokens continue to move in, drawn by the promise of massive […] дальше »

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Pyth Network, Aevo, Memecoin, and Starknet set for over $2 billion token unlock this month

May sees major token unlock event for crypto projects like Aevo, Pyth Network, Starknet with over $2 billion in tokens set to release. The post Pyth Network, Aevo, Memecoin, and Starknet set for over $2 billion token unlock this month appeared first on Crypto Briefing. дальше »

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Pyth Network, Aavo, Memecoin, and Starknet set for over $2 billion token unlock this month

May sees major token unlock event for crypto projects like Aavo, Pyth Network, Starknet with over $2 billion in tokens set to release. The post Pyth Network, Aavo, Memecoin, and Starknet set for over $2 billion token unlock this month appeared first on Crypto Briefing. дальше »

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XRP's 8% price hike and what 130 billion tokens had to do with it

XRP’s Age Consumed rose to an all-time high on 1 May This suggested that a local price bottom had been reached on the charts XRP's Age Consumed metric is in the news today after it climbedThe post XRP's 8% price hike and what 130 billion tokens had to do with it appeared first on AMBCrypto. дальше »

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Crypto firms raised $2.5 billion in Q1, representing 29% quarterly increase

Galaxy reported an assortment of VC investment data, including nearly $2. 5 billion invested in the first quarter, on May 3. Crypto firms attracted funding across 603 deals during the period, representing 29% growth in dollar value and 68% growth in deal count quarter-over-quarter. дальше »

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Aevo and Pyth lead May’s $3 billion crypto token unlock wave

The crypto market will experience its second token unlock of over $3 billion for this year in May, according to Token Unlocks data. Token unlocks involve the gradual release of coins initially held to discourage early investors or team members from rapidly selling their large-volume holdings. дальше »

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EigenLayer announces token launch and airdrop for the community

EigenLayer’s token EIGEN will launch in May, with a total supply of 1. 67 billion tokens. The Eigen Foundation has announced an airdrop for the community, set for May. The Eigen Foundation, the non-profit supporting the development of restaking protocol EigenLayer, has announced the launch and distribution of the native token EIGEN. дальше »

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Top Cryptocurrency Token Unlocks This Week, Including Pyth Network (PYTH), SUI, and More

The cryptocurrency market is gearing up for a series of substantial token unlocks in May, with over $3 billion worth of tokens set to be released across various projects. Among the most notable unlocks are $1. дальше »

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Australia’s top exchange may approve spot Bitcoin ETFs this year: Report

Australia’s spot Bitcoin ETFs could see $3 billion to $4 billion of inflows within the first three years, according to Monochrome CEO Jeff Yew. дальше »

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Tether's Stablecoin Dominance May Wane Following Proposed U.S. Rules: S&P

The new regulations could offer banks a competitive edge by limiting institutions without a banking license to a maximum stablecoin issuance of $10 billion, the report said. дальше »

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SEC Asks Judge To Fine Terraform Labs And Do Kwon $5.3 Billion In Fraud Case

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Fetch.ai, SingularityNET, and Ocean Protocol’s planned $7.5 billion ASI token to launch in May

The Artificial Superintelligence Alliance (ASI), comprising Fetch. ai (FET), SingluarityNET (AGIX), and Ocean Protocol (OCEAN), said the highly anticipated ASI token will be launched in May. In an April 16 statement, the Alliance stated that the ASI token would merge the native digital assets of the three decentralized artificial intelligence protocols and rank among the top 20 cryptocurrencies, […] The post Fetch. дальше »

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Bitcoin and Ethereum spot ETFs may hit Hong Kong markets as early as Monday: Bloomberg

Spot Bitcoin and Ethereum ETFs are expected to launch in Hong Kong next week, potentially drawing $25 billion from Chinese investors. The post Bitcoin and Ethereum spot ETFs may hit Hong Kong markets as early as Monday: Bloomberg appeared first on Crypto Briefing. дальше »

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Coinbase Sees Largest USDC Inflow Ever, What This Could Mean For Bitcoin

On-chain data shows Coinbase has just witnessed its largest USD Coin (USDC) inflow. Here’s why this may be relevant for Bitcoin. Coinbase Has Just Seen A $1. 4 Billion USDC Inflow As pointed out by analyst Maartunn in a post on X, a large amount of USDC has flowed into Coinbase during the past day. дальше »

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US, UK initiate joint probe into $20 billion moved via crypto to evade Russian sanctions

The US and UK governments have launched a joint investigation into crypto transactions worth over $20 billion that may have violated Russian sanctions, Bloomberg News reported on March 28. The transactions, suspected of being routed through the Russia-based crypto exchange Garantex, aim to evade international sanctions and potentially fund military activities in Ukraine. дальше »

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Dogecoin spikes as open interest hits $2.2 billion

Dogecoin (DOGE) soared 17% to trade above $0. 22 on Thursday, reaching its highest price level late November 2021. DOGE, which peaked at $0. 73 in May 2021, had established an intraday range of $0. 1818 – $0. дальше »

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Standard Chartered Raises Year-End BTC Forecast to $150K, Sees 2025 High of $250K

The bank also predicted that approval of an ether ETF could be expected on May 23, leading to as much as $45 billion of inflows in the first 12 months and ETH climbing to $8,000 by the end of 2024. дальше »

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Floki surges with major token burn, NuggetRush eyes gaming, BNB’s bullish forecast

Floki's price jumps after burning 14.5 billion tokens; NuggetRush targets the billion-dollar gaming market; Binance Coin may hit new highs. #partnercontent дальше »

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BEFE Coin Unlocks $50 Million Dreams As It Sets To Take On The Crypto Sphere

BEFE, the wildly popular meme coin sweeping the globe, looks set to take on the world and go completely crazy on the charts. Yes, you read correctly: analysts believe BEFE’s value may conceivably surpass $50 billion during the upcoming bull run. дальше »

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$1 Billion In Crypto Futures Rekt After Bitcoin Rollercoaster

Data shows more than $1 billion in cryptocurrency futures contracts have been liquidated following the rollercoaster Bitcoin has gone through. Bitcoin Has Seen Wild Price Action Since Setting New All-Time High During the past 24 hours, Bitcoin has finally managed to achieve a new all-time high beyond the $69,000 level. Unlike what some may have […] дальше »

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STHs transfer $2.6 billion at loss to exchanges, marking third highest since May 2022

Quick Take The market’s response to Bitcoin’s approximate 15% decline from just over $69,000 to roughly $59,500 showcases a clear distinction between long-term holders (LTHs), who have retained Bitcoin for more than 155 days, and short-term holders (STHs), whose holding period is less than 155 days. дальше »

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Defi TVL surpasses $100b for 1st time since May 2022

For the first time in nearly two years, the total value locked in defi protocols surpassed $100 billion, reaching $101.3 billion. дальше »

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Bitcoin trade volume hits highest level since 2021, Kaiko says

Even though Bitcoin has not yet reached its all-time high, its daily trade volume has already exceeded $40 billion, the highest level since the May 2021 sell-off. The daily trading volume of Bitcoin (BTC) has reached its highest level last… дальше »

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Did Qatar Buy Bitcoin? Deciphering The $3 Billion Mystery

Over the past weekend, speculation about a possible investment by Qatar in Bitcoin (BTC) has gained momentum. Rumors suggest that the country may have added the digital asset to its reserves. This speculation was given credence by a post on X (formerly Twitter) from Skybridge Capital founder Anthony Scaramucci, hinting at Qatar’s involvement. As the […] дальше »

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Terra Luna Classic token burn campaign hits new milestone: LUNC & USTC flourish

The Terra Luna Classic token burn campaign has destroyed 95. 19 billion tokens since May 13, 2022. That represents a crucial milestone and the community’s dedication to reducing LUNC’s circulating supply. дальше »

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